LBOs go double Dutch.

• Autores: Nauta Dutilh, Teun Struycken, David Viëtor
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article explains the reason why large and mid-sized European leveraged buyout (LBO) financings have been structured using a double Luxembourg holding company structure. It outlines the common method used to enforce a Dutch share pledge, an out-of-court private sale by the pledge to a third party, as well as the procedure for transfer voting rights from the pledgor to the pledgee. Also discussed are the insolvency proceedings in other European Union (EU) member states